two-tier tender offer
A strategy to acquire all of the outstanding shares of a company by offering to purchase a controlling interest in a company at one price and subsequently reducing the price per share offer for the balance. See Blended Price; Friendly Takeover; Hostile Takeover; tender offer.
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target company or takeover target
corporate raider
control stock
controlling interest
blended price
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profit from ordinary activities
budget surplus
insurance rates
effective demand
capital expenditure